Lebanon receives preliminary approval to increase World Bank loan to $400m

Arab News: Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a statement on Wednesday.

The Lebanese prime minister said in March that the World Bank had presented a $1 billion program for the reconstruction of Lebanon, including $250 million as a loan.

https://www.arabnews.com/node/2598246/business-economy

Arab News.com Contribution Time: 26-Apr-2025 21:43 (GMT)
Arab News.com Last Update Time: 26-Apr-2025 21:43 (GMT)